Capital / Liquidity

China May Impose New Rules on Financial Holding Companies – Report

09/05/2018

Companies like Ant Financial, Citic Group and China Everbright Group may for the first time be required to obtain licences and meet capital requirements, reported Bloomberg.

Securities / Derivatives

CSRC Consults on Rules for Foreign Ownership in Securities Firms

09/05/2018

Foreign majority shareholders must be reputable financial institutions with three year track record; Nomura becomes the latest to seek establishment of majority owned joint venture securities firm in China.

Securities / Derivatives

SEBI Extends Trading Hours for Equity Derivatives

09/05/2018

The move will align trading hours of equity derivatives with commodity derivatives, effective 1 October, when individual Indian exchanges are also set to integrate stock and commodity trading.

Market Infrastructure

China Bourses to Acquire 25pc of Dhaka Stock Exchange

09/05/2018

Shanghai, Shenzhen exchanges will assist the DSE with trading technology, market cultivation, and product development as part of the USD111.6 million deal.

Market Infrastructure

Fintech a Key Enabler for Financial Firms – DTCC

07/05/2018

Markets safer and more resilient 10 years post-GFC, but regulatory complexities and rapidly-changing risk landscapes persist as challenges to the industry.

Market Infrastructure

China Issues Draft Rules for Depository Receipt Issuance

07/05/2018

Rules include requirements related to investor protection, information disclosures; Shanghai-London Stock Connect to allow cross listings of depository receipts.

Securities / Derivatives

China Allows Foreign Ownership Majority at Securities Firms

02/05/2018

Ceiling on foreign ownership raised from 49% to 51%, effective immediately; CSRC reviewing first application from UBS to boost stake in China-based UBS Securities.

AML / KYC

Hong Kong Publishes First AML/CTF Risk Assessment

02/05/2018

Hong Kong exposed to medium-high level of money laundering risk; ability to combat money laundering also assessed as medium-high.

Crypto / Digital Assets

ASX to Replace Post Trade Infrastructure with DLT Solution

01/05/2018

New DLT system to provide more efficient clearing, settlement and other post-trade services through improved record keeping, reduced reconciliation, more timely transactions, better quality data.